Medical Tourism Facilitator and International Insurer Partner to Provide New Protection for Medical Tourists

Press Release
January 28, 2009

Seven Corners, one of the industry’s most experienced specialty travel insurance underwriters, announces a new partnership with award-winning medical tourism facilitator, Healthbase Online, Inc. By combining Seven Corners’ experience in underwriting and administering specialty travel insurance plans, and Healthbase’s expertise in matching medical tourism patients with a world-class network of internationally accredited hospitals, the companies have developed the industry’s first custom benefits package covering medical complications to be provided to all Healthbase clients.

The strategic alliance between Seven Corners and Healthbase is founded on a shared vision to unify patients seeking medical treatments abroad with relevant medical insurance benefits specifically designed for medical tourists. By engaging the companies’ unique and expert competencies in their respective markets, the alliance will allow both companies to better serve the unique needs of medical tourists — ultimately transforming the medical tourism business by reducing patients’ medical costs before, during and after treatments abroad.

“We are the only medical travel facilitator to provide a custom insurance program to our clients as a further commitment to providing high quality medical travel services at an affordable cost,” said Saroja Mohanasundaram, CEO of Healthbase. “The insurance program enhances our clients’ satisfaction in the economic delivery of quality healthcare; whether they are seeking minor procedures like hernia surgery, or major procedures like knee replacement or spinal surgeries.”

The insurance plan provides Healthbase patients coverage for the treatment of common surgical complications such as adverse reactions to anesthesia, stroke, myocardial infarction, deep vein thrombosis, infections and other medical complications incurred during and after their treatment abroad. The insurance plan provides first dollar coverage for medical complications, which further reduces follow-up care and unexpected medical expenses for an uninsured or underinsured patient.

“The cost of the insurance plan is a fraction of the overall cost of the treatment, which in and of itself, is significantly less than the expense of treatment in the United States,” said Jim Krampen, executive officer of Seven Corners. “The medical complication benefits we designed for Healthbase clients will provide peace of mind and cover the cost to treat medical complications abroad and when they return home.”

Seven Corners is one of the industry’s most experienced international travel, expatriate health insurance and trip cancellation providers. For more than 15 years, Seven Corners has served the medical insurance needs of U.S. citizens traveling abroad and foreign nationals visiting the United States.

Seven Corners is a licensed Third Party Administrator as required in certain jurisdictions of the United States. Seven Corners is a Lloyd’s of London Coverholder and also enjoys underwriting authority from key AM Best “A” rated carriers, such as Nationwide Insurance Company, The Insurance Company of the State of Pennsylvania (AIG) and Fairmont Specialty Group.

Seven Corners is a member of the U.S. Travel Insurance Association (UStiA), the Medical Tourism Association (MTA) and the International Medical Travel Association (IMTA). More information at http://www.SevenCorners.com.

Healthbase collaborates with WellPoint to bring affordable healthcare benefits to Americans through an international medical tourism pilot program. Members will now have more choices regarding where to receive care and a greater involvement in the care they receive

BOSTON, Jan. 5 /PRNewswire/ — Healthbase Online Inc., a Boston-based award-winning medical tourism facilitator, has collaborated on a pilot basis with WellPoint, Inc., an Indianapolis-based health benefits company to provide global health care coverage to members of WellPoint’s affiliated health plan in Wisconsin. Healthbase will handle all the medical travel logistics and arrangements for WellPoint members.

According to Saroja Mohanasundaram, CEO of Healthbase (http://www.healthbase.com), “Healthbase is committed to providing high quality medical travel services at affordable cost. Healthbase will assist WellPoint members with coordination of the trip, medical appointment scheduling, digital medical records transfer, and concierge travel service.”

Under this program, effective from January 2009, members who travel for certain non-emergency elective procedures like joint replacement and spinal fusion, will have access to Joint Commission International accredited healthcare providers in India. This will result to lower out-of-pocket costs for members translating into thousands of dollars in total savings. A hip replacement surgery, for example, costing over $60,000 in the US, costs less than $8,000 at an accredited hospital in India.

“We are pleased to work collectively with Healthbase to deliver an international medical tourism pilot product to our clients who are interested in exploring a medical tourism solution,” said Dr. Razia Hashmi, vice president and medical director for WellPoint’s national accounts division. “Medical tourism is a promising option for improving access to affordable, quality health care. Working with Healthbase, our case managers will coordinate all steps of the medical tourism process for members interested in receiving care overseas.”

WellPoint, Inc. is the largest health benefits company in terms of medical membership in the United States. WellPoint is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee in selected upstate counties only), Ohio, Virginia (excluding the northern Virginia suburbs of Washington, D.C.), Wisconsin; and through UniCare. Additional information about WellPoint is available at http://www.wellpoint.com.